TORONTO, May 3, 2021 – Global B2B gaming technology provider Bragg Gaming Group (TSX:BRAG, OTC: BRGGF) (“Bragg” or the “Company“) is pleased to announce that Bragg Board Member Richard Carter has stepped into the role of CEO of the Company, as of May 1, 2021. Board member Paul Godfrey will assume the role of Chair of the Board of Bragg Gaming, as of May 3, 2021. Board member Lara Falzon will move to the role of Audit Committee Chair as of the same date.
Mr. Carter joins as Group CEO at a key point in the Company’s growth and evolution, with an aggressive global growth strategy underway, including expansion into the burgeoning North American IGaming market and an anticipated launch on the Nasdaq exchange. His significant industry knowledge and extensive global network will be integral to Bragg’s future growth trajectory.
Prior to joining the Bragg Board of Directors in the fall of 2020, Mr. Carter was CEO of sports betting solutions and services provider SBTech for five years, until the company’s merger with digital sports entertainment and gaming company DraftKings, through a three-way deal with Diamond Eagle Acquisition Corp in April 2020.
“I’m excited to be leading Bragg in its next phase of growth and helping to shape the future of the company, as we continue to provide next generation premium content and tools to our B2B partners,” said Mr. Carter. “Bragg has the cutting-edge technology, the data driven insights, the player engagement tools and the premium content that ideally positions the Company to capture an increasing proportion of global iGaming market. I’m eager to leverage these strengths to expand Bragg in both our core European markets and in the rapidly growing North American iGaming market.”
Board member and co-founder of Bragg Adam Arviv has made the decision to step down from the Board. As a strategic investor in the Company, Mr. Arviv will continue on in his capacity as strategic advisor to Bragg.
Board member Jim Ryan made the decision not to stand for re-election to the Board to pursue his own ventures. The Board wishes Mr. Ryan the best of luck and is grateful for all he has done for the Company in this critical stage of growth.